quick question about FAFSA. It is asking about my personal assets. How much money I have in the bank. I am over 21 and haven’t been in college before, have never applied for any student loans or anything like that. By my understanding, my parent’s financial information at this point should not affect anything. However, while my name is on (I think) 3 accounts, I am really only in charge of mine.
1 of them I make regular deposits into as a means of paying my rent. The other my name is on in the event of emergency. I don’t have access to those funds, and I don’t deposit money into it.
Do I need to be contacting the account holder and finding out how much money is in there since my name is on the account? Or, since I really only control the funds in my personal account, will that information suffice on the fafsa application? Should I also include what I think is in the rent account?